Skip to content

Former Valencia president arrested for plotting to kidnap successor

Apr 9, 2014, 9:49 AM EDT

Soler

A bizarre story out of La Liga has seen former Valencia president Juan Bautista Soler arrested for plotting to kidnap his successor Vicente Soriano.

Having resigned from his position at the club in 2008 for health reasons, Soler now has been arrested in the city of Valencia.

According to Spanish media, police made the arrest after a two-week investigation involving the possibility that Soler hired an Eastern European specialist for between €50,000 to €100,000 ($69,000-$138,000) to abduct Soriano.

After Soler’s departure, he sold his share of the club to Soriano for €85.5 million ($118 million), which gave Soriano a majority stake.

Soriano only intended on purchasing the club as a middle man in order to sell to Uruguayan company Investment Dalport.  But that deal fell through when it was discovered that the money Investment Dalport intended to purchase the club with never actually existed and the notes were false.

So Soriano was stuck with the club, and naturally had trouble making payments to Soler. You can see where this is going.

He tried to get out of the deal, but a court order ordered him to make his payments plus interest for being late.  Formerly a majority share, Soriano’s cut today only represents a 5% ownership, and his shares have been siezed. Unfortunately, Soler apparently still has some bad blood towards Soriano likely caused by a loss on the deal, so he decided to take matters into his own hands.

According to Spanish media, the prosecution has not yet decided to ask for jail time and Soler has been released for the time being, but he is not allowed to leave the country and is barred from entering within 15 meters of Soriano.  He will appear in court on a “regular basis” as the investigation continues and a trial commences.

Latest Posts
  1. Bayern exec: Dortmund will easily qualify for Champions League

    Oct 31, 2014, 11:20 PM EDT

    FC St. Pauli v Borussia Dortmund - DFB Cup Getty Images

    Despite losing six of their first nine matches, Bayern Munich executive Karl-Heinz Rummenigge believes Borussia Dortmund will turn around their play.

  2. Roberto Martinez says Arouna Kone will play again for Everton

    Oct 31, 2014, 10:30 PM EDT

    Everton v Hull City - Premier League Getty Images

    The Ivorian striker has been sidelined for more than 12 months with a knee injury.

  3. Where will Sami Khedira end up this season?

    Oct 31, 2014, 9:30 PM EDT

    Cornella v Real Madrid CF - Copa Del Rey: Round of 32 Getty Images

    The German international has only made three appearances off the bench for Real Madrid as rumors of a move to the Premier League continue to swirl.

  4. Wilshere out, Giroud ahead of schedule for Arsenal

    Oct 31, 2014, 8:35 PM EDT

    Arsenal v Swansea City - FA Cup Third Round Replay Getty Images

    Some good news and some bad news for Gunners fans as Jack Wilshere has injured his knee while Olivier Giroud is “miles ahead of schedule” after ankle surgery.

  5. Paul Scholes says arrogance could hurt Manchester City

    Oct 31, 2014, 7:40 PM EDT

    Manchester United v New York Cosmos - Paul Scholes' Testimonial Match Getty Images

    The Manchester United legend has called out the crosstown rivals, saying City has a “touch of arrogance.”

  6. Harry Kane pressing for starting role with Spurs

    Oct 31, 2014, 6:45 PM EDT

    Tottenham Hotspur FC v Asteras Tripolis FC - UEFA Europa League Getty Images

    The young striker has seven goals in eleven appearances for Spurs, but is yet to earn a Premier League start this season.

  7. Aston Villa’s Paul Lambert: I’m not ‘bomb-proof’

    Oct 31, 2014, 5:00 PM EDT

    Aston Villa v Wigan Athletic - Premier League Getty Images

    Aston Villa have lost five straight matches and haven’t scored a goal since September 13th.

  8. Premier League Preview: Chelsea vs. Queens Park Rangers

    Oct 31, 2014, 4:05 PM EDT

    Manchester United v Chelsea - Premier League Getty Images

    Watch the Blues host the R’s Saturday at 11 a.m. ET on NBCSN or online via Live Extra.

  9. Americans Abroad preview: Decent draw for Premier Leaguers

    Oct 31, 2014, 3:20 PM EDT

    1. FC Koeln v Borussia Moenchengladbach - Bundesliga Getty Images

    Take a look at the rest of the fixtures ahead for Yanks in Europe by heading inside.

  10. MLS playoffs weekend preview: Which remaining team has the best form?

    Oct 31, 2014, 2:27 PM EDT

    A.J. Soares, Federico Higuain AP

    New York Red Bulls, Columbus Crew, New England Revolution, FC Dallas, L.A. Galaxy, Seattle Sounders, Real Salt Lake or DC United: Who’s been better?

  11. Van Gaal: Manchester Derby is “biggest” he’ll manage; Rooney in, Falcao out

    Oct 31, 2014, 1:42 PM EDT

    Manchester United Training Session Getty Images

    “This is the biggest derby that I shall manage,” the Manchester United boss told reporters on Friday.

  12. Oguchi Onyewu finds a new, potentially short-term home in England

    Oct 31, 2014, 12:59 PM EDT

    oo-4383-2053012_478x359

    Onyewu has played at QPR, Malaga, Sporting CP, Twente, AC Milan, Newcastle, Standard Liege, La Louviere and Metz since he left Clemson.

  13. WATCH: Premier League TV schedule – Week 10

    Oct 31, 2014, 12:30 PM EDT

    PremierLeagueNBC

    Where and how to watch every game during Week 10 of the PL.

  14. David Silva to miss Manchester derby, out three weeks with knee injury

    Oct 31, 2014, 12:00 PM EDT

    Manchester City v Newcastle United - Premier League Getty Images

    City and United tangle at 8am ET on NBCSN this Sunday, and the absence of Silva will be a bonus for Louis van Gaal’s Red Devils.

  15. Prince-Wright’s Premier League picks: Chelsea, Arsenal, Everton the standouts

    Oct 31, 2014, 11:10 AM EDT

    Danny Welbeck, Alexis Sanchez AP

    Here’s how PST’s editor and lead writer sees things panning out this weekend.

  16. Premier League Power Rankings: Will Chelsea ever lose, Burnley ever win?

    Oct 31, 2014, 10:30 AM EDT

    Leicester City v Burnley - Premier League Getty Images

    We are a quarter of the way through the season. Scary, right? Anyway, here’s our latest rankings of power.

  17. Benfica boss says he’s FIFA Coach of the Year material; Five more names

    Oct 31, 2014, 10:21 AM EDT

    Rodgers Getty Images

    “Some weren’t in the European finals, some weren’t even domestic champions,” said Jesus. Others were, and weren’t nominated. We’ll give out some props.

  18. Premier League Preview: Newcastle United vs. Liverpool

    Oct 31, 2014, 9:40 AM EDT

    FBL-ENG-PR-LIVERPOOL-NEWCASTLE Getty Images

    Suddenly-hot Newcastle United put their three-match win streak on the line when they host Liverpool on Saturday morning.

Featured video

PST Extra: The Manchester derby